1504 Concession Road,Cambridge, ON N3H 4L9
Cambridge, ON N3H 4L9
Description
Incredible development opportunity in the heart of Cambridge! Build a lucrative "plex" investment property or your own custom home in a highly desirable, amenity-rich neighbourhood. Walking distance to schools, groceries, pharmacies, and hospitals, and just one minute from the bustling Hespeler Road retail corridor. The site features municipal water and sewer availability and holds excellent development advantages. Formerly a Hydro building (decommissioned in 2000), vital environmental milestones are already met: Phase One / Two Environmental Site Assessments (ESAs), and a Risk Assessment (RA) have been completed by certified third party consultant to support filing a Record of Site Condition (RSC), which is required for residential development. The ESA studies will be requiring updating before filing for RSC. A pre-consultation application for a multi-unit residential building was submitted to the City of Cambridge. However, due to other commitments, the application was not pursued further. Corner lot (Concession and Bishop)
Details
| MLS # | 40846010 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 61 |
| Listing Provided By | CITYSCAPE REAL ESTATE LTD | Aamir Sohail |
Features
| SQ Feet | 519 |
|---|---|
| Story(s) | 1 |
| Zoning | R4 |
| Acreage | 0.12 |
Interior
| Rooms Total | 1 |
|---|---|
| Interior Features | Other |
| Cooling | None |
| Cooling Yes / No | No |
| Heating | None |
| Heating Yes / No | No |
Exterior
| Lot Features | Urban, Rectangular, Hospital, Public Transit, Schools, Shopping Nearby |
|---|---|
| Construction Materials | Brick |
| Roof | Asphalt Shing |
| Foundation Details | Concrete Perimeter |
Parking
| Open Parking Yes / No | Yes |
|---|
Utilities
| Sewer | Sewer (Municipal) |
|---|
Taxes
| Tax Annual Amount | 2419.49 |
|---|
Area Information
| Province | ON |
|---|---|
| County | Waterloo |
| City | Cambridge |
| Postal Code | N3H 4L9 |
| Area | 15 Preston |
| Subarea | 52 Preston North |
| Community Name | 52 Preston North |
| Listing VS Median (in 52 Preston North) | |
Price: $310,000 low | high Med: $549,000 sqft: 519 low | high Med: 2,602 $ / sqft: $597 low | high Med: $211 On site: 61 low | high Med: 180 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Waterloo |
| City | Cambridge |
| Postal Code | N3H 4L9 |
| Area | 15 Preston |
| Subarea | 52 Preston North |
| Community Name | 52 Preston North |
| Listing VS Median (in 52 Preston North) | |
Price: $310,000 low | high Med: $549,000 sqft: 519 low | high Med: 2,602 $ / sqft: $597 low | high Med: $211 On site: 61 low | high Med: 180 | |
